WM03 - 486 FRONT STREET W, Toronto (Waterfront Communities)

$49,000

For sale: Other

Other at WM03 - 486 FRONT STREET W, Toronto (Waterfront Communities)
Property type
Sale Of Business
MLS®
MLS® C13639988
Neighbourhood
Waterfront Communities C1

Situated inside The Well - Wellington Market, this established noodle shop operates under the popular Tong Mein brand. Surrounded by thousands of residents, office workers, and daily foot traffic, the location offers exceptional visibility and steady customer flow. Fully built-out and professionally operated with trained staff and streamlined systems. Buyer may continue with the existing brand or convert to their own concept. Rent: $ 4,643.94 includes all utilities + HST expired July 2027 + 5 year option.

Sold data

Other homes in Toronto (Waterfront Communities) — recent sold market

Other homes in Toronto (Waterfront Communities) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.

The median sale price was $67,500.

Homes sold for about 8.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$67,500
Sale-to-list ratio
91.8%
Sold above asking
6%

Based on 32 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Waterfront Communities)

Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Waterfront Communities)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near WM03 - 486 FRONT STREET W